Sponsored Financial Reporting (SFR) is the institutional unit reporting to the Controller's Office that is responsible for submitting financial reports and invoices to sponsors to fulfill award requirements. SFR staff accountants prepare sponsor-required financial invoices and reports with assistance from Principal Investigators and Department Administrators.  Invoices and reports are prepared based on the frequency and due date requirements established by the sponsor and written in the award documents.  

Sponsored Financial Reporting receives all revenue on behalf of the University for sponsored grants and contracts. SFR collection representatives follow up with the sponsor on all past due invoices to ensure receipt of payment on invoices and work with both sponsors and academic departments on quality or quantity issues related to non-payment.

Sponsored Financial Reporting is responsible for closing all sponsored awards in the financial system once the award is over, all spending complete and all payments received.

Sponsored Financial Reporting is responsible for coordinating sponsor, state and federal financial audits including the A-133 audit of expenditures of federal awards. They provide information for the University's annual reports, supplemental schedules and consolidated financial statements.

News

How to move payroll and fringe on sponsored projects

We have enhanced, clarified and renamed the procedure called "When and How to use a Journal Entry to Move Payroll and Fringe on Sponsored Projects". A copy of the information is available here. (pdf) August 27, 2009

A job aid and queries are available to assist department staff with NIH salary cap payroll and cost sharing calculations. July 17, 2009

Did you know that there is a fair amount of confusion when departments calculate the cost sharing towards payroll expenses for individuals who exceed the NIH Salary Cap? To help alleviate this issue SFR and Training Services created a new job aid to assist users with calculating payroll and cost-sharing associated with the NIH Salary Cap. The job aid provides a high-level summary of the NIH Salary Cap process and procedures as well as links to a helpful spreadsheet and queries payroll and accounting staff can utilize in calculating and monitoring cost-sharing for individuals exceeding the NIH Salary Cap.

This job aid is located on the Training Services Web site.

Salary Cap Summary (FY1990 - FY2009)

Payroll and cost share calculation worksheet (xlsx)

July 2008
SPA and SFR have jointly launched an EFS Sponsored Projects Web site that provides comprehensive information of all the changes related to sponsored projects due to the implementation of the new financial system. Follow this link to visit the new site.

More SFR News